Binance Coin Cryptocurrency Token
Cryptocurrencies are not only Bitcoin or Ethereum, but also a number of other interesting projects, each of which offers different possibilities. One of them is Binance Coin (bnbs), the token that powers the Binance cryptocurrency exchange ecosystem and a rival blockchain with Ethereum, Binance Smart Chain. What can you get from this?
Overview – what is binance
By using bnbs, you get 25% discount on Binance trading fees in the spot and margin markets, as well as 10% in the futures markets. You can also sign up for a VIP loyalty program that will save you even more!
However, these are not the only benefits of Binance Coin – the token can be used to farm and buy new tokens on Binance Launchpool, as well as to participate in crowdfunding events on Binance Launchpad. And if you prefer passive investments, you will be pleased to know that BNB can be accumulated and receive high interest in return.
How to buy cryptocurrency at binance
Where and how can you buy binance coins? The binance exchange invites everyone to purchase a binance coin token.
Step 1. Create an account on the Binance exchange.
Sign up with your email or mobile number and come up with a strong password. You can also download the Binance app from the App Store or Google Play Store and register directly from there. If you already have an account on the Binance exchange, you can skip directly to the second step.
Step 2. Log into your Binance Exchange account.
Go to the Binance website and enter your login details. If you prefer to use the mobile application, log in to the exchange from your mobile device.
Step 3: Buy Binance Coin.
In the first field, enter the amount of your funds that you want to invest. You can also immediately enter how much token you want to receive, and the system will automatically calculate their rate and show you how much you have to pay for them.
Step 4. Confirm the transaction and complete the payment.
The last steps are choosing a payment method and confirming the entire transaction.
1. Select the FIAT payment method and the “Visa / Mastercard” option and click “Continue”.
2. Add data to the card and fill in the required fields. You can skip this step if the map has already been added.
3. After adding the card, you can proceed with the payment.
4. Make sure how much you are buying and check that all details are correct. Then confirm the transaction and complete the payment.
5. That’s it! You now have your Binance coins!
Important: Binance cryptocurrency exchange also allows you to directly exchange other cryptocurrencies for Binance Coin. All you have to do is go to the Markets tab and select the pair of cryptocurrencies that interest you. Then click the “Trade” button.